Bezos sells another $3 billion of Amazon shares
Jeff Bezos continues to accelerate his sale of his Amazon stock, selling another $3 billion this week.
In August, Bezos offloaded more than $3.1 billion of Amazon shares, after selling more than $4.1 billion worth of shares in February. The sales this week bring his total cash out in 2020 to more than $10.2 billion so far, which is a notable jump from 2019, when Bezos sold $2.8 billion worth of shares.
While Bezos had originally said these sales were for financing his space company, Blue Origin, it now appears that the bulk of this new money is aimed at funding environmental political organizations such as the Environmental Defense Fund, the Natural Resources Defense Council and the World Wildlife Fund.
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Jeff Bezos continues to accelerate his sale of his Amazon stock, selling another $3 billion this week.
In August, Bezos offloaded more than $3.1 billion of Amazon shares, after selling more than $4.1 billion worth of shares in February. The sales this week bring his total cash out in 2020 to more than $10.2 billion so far, which is a notable jump from 2019, when Bezos sold $2.8 billion worth of shares.
While Bezos had originally said these sales were for financing his space company, Blue Origin, it now appears that the bulk of this new money is aimed at funding environmental political organizations such as the Environmental Defense Fund, the Natural Resources Defense Council and the World Wildlife Fund.
Readers!
My annual February birthday fund-raising drive for Behind the Black is now over. Thank you to everyone who donated or subscribed. While not a record-setter, the donations were more than sufficient and slightly above average.
As I have said many times before, I can’t express what it means to me to get such support, especially as no one is required to pay anything to read my work. Thank you all again!
For those readers who like my work here at Behind the Black and haven't contributed so far, please consider donating or subscribing. My analysis of space, politics, and culture, taken from the perspective of an historian, is almost always on the money and ahead of the game. For example, in 2020 I correctly predicted that the COVID panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Every one of those 2020 conclusions has turned out right.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
You can support me either by giving a one-time contribution or a regular subscription. There are four ways of doing so:
1. Zelle: This is the only internet method that charges no fees. All you have to do is use the Zelle link at your internet bank and give my name and email address (zimmerman at nasw dot org). What you donate is what I get.
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3. A Paypal Donation or subscription:
4. Donate by check, payable to Robert Zimmerman and mailed to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage or shown in the menu above.
If Bezos (or anyone) wants to control what happens on a plot of land, he should buy it. I hope that’s what he’s spending this money on but I suspect it’s to pay for lobbying efforts to force everyone into complying with the environmentalists’ agenda.
Point ONE: The more cash out Dollars realized in 2020′- the less assets taken by Kamala™n ’21°
If I were the richest man in the world (well…) and I found 90%+ of my fortune being put in the same basket of eggs, some logistics company, I would immediately order my financial manager to sell sell SELL! Buy anything that moves. By the way, buy the dead too!
“- What? Buy China? No, it’s overpriced. It will come down.”
So if Mr Amazon wants to save the earth why doesn’t he spend his billions converting his delivery trucks to electric?